Foreign Exchange Market Definition

<p>The overseas change market (often known as foreign exchange, FX or the forex market) is an over-the-counter (OTC) international market that determines the change price for currencies worldwide. Individuals are capable of purchase, promote, change and speculate on currencies. International change markets are made up of banks, foreign exchange sellers, business corporations, central banks, funding administration companies, hedge funds, retail foreign exchange sellers and traders.</p>
<p> Understanding the International Trade Market </p>